Veil receives a weak short-term technical ranking of 16 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. VEIL has a superior recent technical analysis than 16% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.
Veil's market cap of $331,675.48 is relatively low for a coin. Veil's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Meanwhile, VEIL's average volume is low with $2,353.87 worth of the coin traded over an average 24 hour period. VEIL's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the last 24 hours, VEIL's volume is below its usual with $313.86 exchanged.
Veil (VEIL): Does it Score Well on Short-Term Trading Metrics Tuesday?
InvestorsObserver is giving Veil a 16 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Veil!